{ "ticker": { "uuid": "8d1d1791-96e4-4ced-8f03-56f9a1cd0289", "symbol": "SNDX", "name": "Syndax Pharmaceuticals Inc", "exchange": "NASDAQ", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "QQQ", "stage": 3, "stage_name": "Distribution", "phase": "3c", "phase_label": "Stage 3C \u00b7 Breakdown watch", "transition": "stage_3_to_4_watch", "transition_label": "Stage 3 \u2192 4 watch", "confidence": 96.0, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "down", "architecture_direction": -32.28, "architecture_energy": 16.605, "architecture_maturity": 23.638, "architecture_confidence": 64.996, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 47.13, "rotation_up": 23.43, "upward_expansion": 18.39, "deceleration": 54.82, "rotation_down": 43.38, "downward_expansion": 61.39 }, "activity_lines": [ 20.656, 20.879455, 20.693048, 21.051398 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.0 }, "latest_close": 20.4, "trend_reference": 21.240667, "distance_from_trend": -0.039578, "trend_direction": "Improving", "fair_value": 17.827372, "distance_from_fair_value": 0.144308, "fair_value_direction": "Weakening", "relative_strength": -8.642355, "relative_strength_direction": "Weakening", "price_momentum": -0.029034, "excess_performance": -0.216487, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.039578, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.016608, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.144308, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.05932, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.086424, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.152396, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.029034, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.144087, "read": "Demand-led" } ], "volume": { "latest": 10095062, "relative_activity": 1.181233, "balance": 1.144087, "dry_up": 0.898793, "accumulation_observations": 5, "distribution_observations": 2 }, "risk": { "range_context": 0.118485, "annualized_volatility": 0.511247, "from_high_reference": -0.202814, "from_low_reference": 0.68595 }, "levels": { "trend_reference": 21.240667, "fair_value_reference": 17.827372, "structural_low": 16.66, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 15, "median_return": -0.056095, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.041295, "regime_survival": 0.4, "best_return": 0.363471, "worst_return": -0.282599, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": -0.040049, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": 0.07494, "regime_survival": 0.0, "best_return": 0.145561, "worst_return": -0.433097, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.009709, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.033185, "regime_survival": 0.2, "best_return": 0.450119, "worst_return": -0.441652, "sufficient": true }, 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"typical_volume": 8597257.6, "trend": 21.352, "fair_value": 17.822692, "relative_strength": 8.150813, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.140198, "energy": 25.339383, "activity_lines": [ 22.368, 21.049273, 21.106381, 21.289355 ] }, { "date": "2026-07-24", "close": 20.81, "volume": 6089998, "typical_volume": 8579020.3, "trend": 21.335667, "fair_value": 17.82, "relative_strength": -0.529472, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.958276, "energy": 22.176209, "activity_lines": [ 22.068667, 21.125818, 21.026429, 21.254387 ] }, { "date": "2026-07-31", "close": 19.05, "volume": 6093395, "typical_volume": 8438645.05, "trend": 21.260667, "fair_value": 17.815449, "relative_strength": -9.983592, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.693033, "energy": 16.972076, "activity_lines": [ 21.062, 20.871818, 20.784857, 21.106925 ] }, { "date": "2026-08-07", "close": 20.4, "volume": 10095062, "typical_volume": 8546209.45, "trend": 21.240667, "fair_value": 17.827372, "relative_strength": -8.642355, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.28044, "energy": 16.604828, "activity_lines": [ 20.656, 20.879455, 20.693048, 21.051398 ] } ], "method": { "price_basis": "completed market observations", "trend": "Trend provides the primary directional reference.", "fair_value": "Fair Value provides long-term price context and is not a forecast or target.", "relative_strength": "Relative Strength shows leadership or lagging performance against the market benchmark.", "classification": "The SM framework combines Trend, Activity, Fair Value, Relative Strength and participation into a structural read." } } }